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Boston and Providence Railroad  - 1860's  

Boston and Providence Railroad 1850's - 1860's

Product #: bosandprovra

Normal Price: $99.95
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PRODUCT DESCRIPTION  
Beautifully engraved Certificate from the famous Boston and Providence Railroad issued no later than 1869. This historic document was has an ornate border around it with a vignettes of a train crossing a bridge over water, and a water scene with a city in the background. On the left side there ia s vignette of the Canton Viaduct. This item is hand signed by the company's president and treasurer and is over 137 years old.



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Certificate Vignette


Surveying, mapping, and construction started on the Baltimore and Ohio in 1830, and fourteen miles of track were opened before the year ended. This roadbed was extended in 1831 to Frederick, Maryland, and, in 1832, to Point of Rocks. Until 1831, when a locomotive of American manufacture was placed in service, the B & O relied upon horsepower.

Soon joining the B & O as operating lines were the Mohawk and Hudson, opened in September 1830, the Saratoga, opened in July 1832, and the South Carolina Canal and Rail Road Company, whose 136 miles of track, completed to Hamburg, constituted, in 1833, the longest steam railroad in the world. The Columbia Railroad of Pennsylvania, completed in 1834, and the Boston and Providence, completed in June 1835, were other early lines. Surveys for, and construction of, tracks for these and other pioneer railroads not only created demands for special mapping but also induced mapmakers to show the progress of surveys and completed lines on general maps and on maps in "travelers guides".

Planning and construction of railroads in the United States progressed rapidly and haphazardly, without direction or supervision from the states that granted charters to construct them. Before 1840 most surveys were made for short passenger lines which proved to be financially unprofitable. Because steam-powered railroads had stiff competition from canal companies, many partially completed lines were abandoned. It was not until the Boston and Lowell Railroad diverted traffic from the Middlesex Canal that the success of the new mode of transportation was assured. The industrial and commercial depression and the panic of 1837 slowed railroad construction. Interest was revived, however, with completion of the Western Railroad of Massachusetts in 1843. This line conclusively demonstrated the feasibility of transporting agricultural products and other commodities by rail for long distances at low cost.

Early railroad surveys and construction were financed by private investors. Before the 1850 land grant to the Illinois Central Railroad, indirect federal subsidies were provided by the federal government in the form of route surveys made by army engineers. In the 1824 General Survey Bill to establish works of internal improvements, railroads were not specifically mentioned. Part of the appropriation under this act for the succeeding year, however, was used for "Examinations and surveys to ascertain the practicability of uniting the head-waters of the Kanawha with the James river and the Roanoke river, by Canals or Rail-Roads."

Product #: bosandprovra

Normal Price: $99.95
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WASHINGTON, DC - Scripophily.com / Old Company Stock and Bond Research Service recently acquired the Old Stock & Bond Research Archives from Herzog & Co., Inc.  The asset purchase includes all archives, publishing rights and copyrights on obsolete research reference material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services, which have been performed continuously since 1880.  John Herzog, President of Herzog & Co., Inc. said “My wife, Diana, and I are very pleased with this transfer to Scripophily.com, and know that Bob will continue his excellent work and spearhead the digitizing and reorganizing of this classic American research that we were always proud to have taken part in continuing.” 

Scripophily.com / Old Company  Research Service, successor to all material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services, which have been performed continuously since 1880, is the leading provider of authentic stock certificates, autographs, and old company stock research services. Our company was founded by Bob Kerstein, CPA who is a member of the American Institute of Certified Public Accountants, California Society of Certified Public Accountants, and the Virginia Society of Certified Public Accountants.  We have been collecting and selling old stock and bond certificates since 1990. Scripophily.com started operating on the Internet in January 1996 with the goal to promote the history of old companies and help educate everyone about the wonderful hobby of collecting stock and bond certificates called Scripophily. 

We will always maintain our founding commitment to customer satisfaction and the delivery of an educational product with an enjoyable shopping experience.  Please let us know how we may be of service to you.



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